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Places/PA/Armstrong
County profile

Armstrong

United States · GDP 2024
#1025 of 3,127 US counties by GDPtop-decile growthmore diversified than 82% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$2.8B
GDP growth
+13.7%
Jobs tracked
14,258
Employers
1,288
Avg. wage
$49.7k
Population
63,698
Labor & formation
Unemployment
3.8%
Median HH income
$65.0k±$1.9k
Business applications
607 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Apollo Bancorp, Inc.Financial Services$11.5M56C

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care32%
Retail trade18%
Manufacturing16%
Food & accommodation13%
Transportation11%
Other services10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
63,698
residents · 2025 · -2.7% since 2020
Income per capita $60.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+151
International migration+74
Natural change−2,012

GDP trend

2019–2024 · nominal
$2.3B
2019
$2.1B
2020
$2.3B
2021
$2.5B
2022
$2.5B
2023
$2.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$157.3k±$4.8k
Median gross rent
$785/mo±$40/mo
Vacancy rate
12.7%±0.9%
Affordability
3.2× wages
Residential permits
29 (0.5/1k pop)
FEMA risk score
69.3
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 85Lightning 72Avalanche 52
FHFA HOUSE PRICE INDEX · 2016–2025
244
2016
239
2017
247
2018
259
2019
270
2020
293
2021
333
2022
350
2023
370
2024
391
2025

Transport access

BTS · FAA · USACE
Nearest interstate
41.4 km
I-80
Nearest freight rail
4.7 km
BPRR
Nearest port
4.7 km
ASBURY GRAPHITE MILLS, APPLEWOLD DOCK
Nearest commercial airport
60.1 km
ARNOLD PALMER RGNL
Wage trend
BLS QCEW · 2019–2023
$49.7k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDP
Kingfisher$2.8BCarbon$2.8BRusk$2.8BTalbot$2.8BStanly$2.8BMontour$2.8B
The read

Armstrong's economy produced $2.8B in 2024, growing 13.7% year over year — faster than 96% of US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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